Gty Technology Stock Performance

GTYH
 Stock
  

USD 6.24  0.02  0.32%   

Gty Technology holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.6431, which attests to a somewhat significant risk relative to the market. Let's try to break down what Gty Technology's beta means in this case. As returns on the market increase, returns on owning Gty Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, Gty Technology is expected to outperform it. Although it is essential to pay attention to Gty Technology Holdings current price history, it is also good to be reasonable about what you can do with equity current price movements. Our philosophy towards determining future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Gty Technology Holdings expected return of 1.7 will be sustainable into the future, we have found twenty-seven different technical indicators, which can help you to check if the expected returns are sustainable. Use Gty Technology Holdings downside variance, as well as the relationship between the accumulation distribution and price action indicator to analyze future returns on Gty Technology Holdings.
  
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Gty Technology Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Gty Technology Holdings are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, Gty Technology reported solid returns over the last few months and may actually be approaching a breakup point. ...more

Gty Technology Price Channel

Quick Ratio0.79
Fifty Two Week Low2.51
Target High Price6.30
Fifty Two Week High8.09
Target Low Price6.30

Gty Technology Relative Risk vs. Return Landscape

If you would invest  326.00  in Gty Technology Holdings on April 1, 2022 and sell it today you would earn a total of  298.00  from holding Gty Technology Holdings or generate 91.41% return on investment over 90 days. Gty Technology Holdings is currently generating 1.6956% in daily expected returns and assumes 14.8289% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Gty Technology, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Gty Technology is expected to generate 10.2 times more return on investment than the market. However, the company is 10.2 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of risk.

Gty Technology Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gty Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gty Technology Holdings, and traders can use it to determine the average amount a Gty Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1143

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Estimated Market Risk
 14.83
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 1.7
  actual daily
 
 32 %
of total potential
 
3232
Risk-Adjusted Return
 0.11
  actual daily
 
 8 %
of total potential
 
88
Based on monthly moving average Gty Technology is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gty Technology by adding it to a well-diversified portfolio.

About Gty Technology Performance

To evaluate Gty Technology Holdings Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Gty Technology generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Gty Technology Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Gty Technology Holdings stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Gty Technology's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-28 K-30.2 K
Return on Average Assets(0.13) (0.13) 
Return on Average Equity(0.19) (0.19) 
Return on Invested Capital(2.15) (2.32) 
Return on Sales(0.82) (0.88) 
GTY Technology Holdings Inc. operates as a software-as-a-service company that offers a cloud-based suite of solutions for the public sector in North America. GTY Technology Holdings Inc. was incorporated in 2016 and is headquartered in Boston, Massachusetts. Gty Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 5 people.

Things to note about Gty Technology Holdings

Checking the ongoing alerts about Gty Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gty Technology Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Gty Technology Alerts

Equity Alerts and Improvement Suggestions

Gty Technology is way too risky over 90 days horizon
Gty Technology appears to be risky and price may revert if volatility continues
Gty Technology Holdings was previously known as Gty Technology Holdings and was traded on OTC Exchange under the symbol GTYHW.
The company currently holds 28.08 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Gty Technology Holdings has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Gty Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Gty Technology's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gty Technology Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gty Technology to invest in growth at high rates of return. When we think about Gty Technology's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 60.45 M. Net Loss for the year was (53.83 M) with profit before overhead, payroll, taxes, and interest of 38.08 M.
Gty Technology Holdings currently holds about 13.33 M in cash with (6.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Roughly 29.0% of Gty Technology shares are held by company insiders
Please check Risk vs Return Analysis. Note that the Gty Technology Holdings information on this page should be used as a complementary analysis to other Gty Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Gty Technology Holdings price analysis, check to measure Gty Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gty Technology is operating at the current time. Most of Gty Technology's value examination focuses on studying past and present price action to predict the probability of Gty Technology's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gty Technology's price. Additionally, you may evaluate how the addition of Gty Technology to your portfolios can decrease your overall portfolio volatility.
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Is Gty Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gty Technology. If investors know Gty Technology will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gty Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
373.1 M
Quarterly Revenue Growth YOY
0.2
Return On Assets
-0.0478
Return On Equity
-0.14
The market value of Gty Technology Holdings is measured differently than its book value, which is the value of Gty Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Gty Technology's value that differs from its market value or its book value, called intrinsic value, which is Gty Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gty Technology's market value can be influenced by many factors that don't directly affect Gty Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gty Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine Gty Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gty Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.